Report Update Nov 1, 2024

Ghana - Pvc Floor Covering - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Ghana

The Ghanian market for PVC floor, wall and ceiling coverings expanded modestly to $X in 2022, surging by 3.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a prominent expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Ghana

In 2022, approx. X square meters of PVC floor, wall and ceiling coverings were exported from Ghana; shrinking by -6% compared with the previous year. In general, exports continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2017 with an increase of 955%. As a result, the exports reached the peak of X square meters. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of PVC floor, wall and ceiling coverings skyrocketed to $X in 2022. Overall, exports, however, showed a notable expansion. The pace of growth was the most pronounced in 2017 when exports increased by 884% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Nigeria (X square meters) was the main destination for exports of PVC floor, wall and ceiling coverings from Ghana, accounting for a 97% share of total exports. It was followed by Burkina Faso (X square meters), with a 0.7% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Nigeria amounted to +2.1%.

In value terms, Nigeria ($X) remains the key foreign market for PVC floor, wall and ceiling coverings exports from Ghana, comprising 99% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a 0.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria stood at +5.0%.

Export Prices by Country

In 2022, the average export price for PVC floor, wall and ceiling coverings amounted to $X per square meter, picking up by 37% against the previous year. In general, the export price posted a pronounced increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 90% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per square meter), while the average price for exports to Burkina Faso totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sierra Leone (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Ghana

In 2022, the amount of PVC floor, wall and ceiling coverings imported into Ghana totaled X square meters, picking up by 7.1% against the previous year. In general, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 83%. Over the period under review, imports of attained the maximum at X square meters in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of PVC floor, wall and ceiling coverings reduced modestly to $X in 2022. Over the period under review, imports recorded prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of 33% against the previous year. Imports peaked at $X in 2021, and then declined slightly in the following year.

Imports by Country

In 2022, China (X square meters) was the main supplier of PVC floor, wall and ceiling coverings to Ghana, accounting for a 93% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, Thailand (X square meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +15.7%.

In value terms, China ($X) constituted the largest supplier of PVC floor, wall and ceiling coverings to Ghana, comprising 93% of total imports. The second position in the ranking was held by Thailand ($X), with a 2.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +14.0%.

Import Prices by Country

In 2022, the average import price for PVC floor, wall and ceiling coverings amounted to $X per square meter, declining by -6.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 59%. Over the period under review, average import prices hit record highs at $X per square meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per square meter), while the price for Thailand stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pvc floor, wall and ceiling coverings in the world?

The country with the largest volume of consumption of pvc floor, wall and ceiling coverings was the United States, accounting for 27% of total volume. Moreover, consumption of pvc floor, wall and ceiling coverings in the United States exceeded the figures recorded by the second-largest consumer, India, threefold. Germany ranked third in terms of total consumption with a 6.5% share.

What are the largest producers of pvc floor, wall and ceiling coverings in the world?

China remains the largest pvc floor, wall and ceiling coverings producing country worldwide, comprising approx. 63% of total volume. Moreover, production of pvc floor, wall and ceiling coverings in China exceeded the figures recorded by the second-largest producer, India, tenfold. South Korea ranked third in terms of total production with a 4.9% share.

What are the leading suppliers of pvc floor, wall and ceiling coverings to Ghana?

In value terms, China constituted the largest supplier of pvc floor, wall and ceiling coverings to Ghana, comprising 65% of total imports. The second position in the ranking was occupied by Vietnam, with a 13% share of total imports. It was followed by Thailand, with a 5% share.

What are the leading importers of pvc floor, wall and ceiling coverings from Ghana?

In value terms, Nigeria remains the key foreign market for pvc floor, wall and ceiling coverings exports from Ghana, comprising 98% of total exports. The second position in the ranking was occupied by Burkina Faso, with a 2% share of total exports.

What is the average export price for pvc floor, wall and ceiling coverings in Ghana?

The average export price for pvc floor, wall and ceiling coverings stood at $2,345 per ton in 2020, with an increase of 4% against the previous year.

What is the average import price for pvc floor, wall and ceiling coverings in Ghana?

The average import price for pvc floor, wall and ceiling coverings stood at $1,264 per ton in 2020, picking up by 4.3% against the previous year.

This report provides an in-depth analysis of the market for pvc floor, wall and ceiling coverings in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22231155 - Floor coverings in rolls or in tiles and wall or ceiling coverings consisting of a support impregnated, coated or covered with polyvinyl chloride
Prodcom 22231159 - Other floor, wall, ceiling... coverings of polymers of vinyl chloride

Country coverage:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023